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The Micro-foundations of Intertemporal Price Discrimination

The Micro-foundations of Intertemporal Price Discrimination
Author: Teow Hock Koh
Publisher:
Total Pages: 18
Release: 2005
Genre: Price discrimination
ISBN:

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Investigates the optimality of intertemporal price discrimination for a durable-good monopoly in a model where infinitely-lived households face an intertemporal budget constraint and consume both durable goods and non-durable goods.


Intertemporal Price Discrimination in Storable Goods Markets

Intertemporal Price Discrimination in Storable Goods Markets
Author: Igal Hendel
Publisher:
Total Pages: 36
Release: 2011
Genre: Economics
ISBN:

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Abstract: We study intertemporal price discrimination when consumers can store for future consumption needs. To make the problem tractable we offer a simple model of demand dynamics, which we estimate using market level data. Optimal pricing involves temporary price reductions that enable sellers to discriminate between price sensitive consumers, who anticipate future needs, and less price-sensitive consumers. We empirically quantify the impact of intertemporal price discrimination on profits and welfare. We find that sales: (1) capture 25-30% of the profit gap between non-discriminatory and third degree price discrimination profits, and (2) increase total welfare


Intertemporal Price Discrimination and Competition

Intertemporal Price Discrimination and Competition
Author: Ralph C. Bayer
Publisher:
Total Pages:
Release: 2006
Genre: Competition
ISBN:

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In this study we investigate the impact of competition on markets for non-durable goods where intertemporal price discrimination is possible. We develop a simple model of different potential scenarios for intertemporal price discrimination and implement it in a laboratory experiment. We compare the outcomes in monopolies and duopolies. Surprisingly, we find that competition does not necessarily prevent intertemporal price discrimination, as our model predicts. However, competition generally reduces sales prices, but by far less than theory predicts. As expected, competition increases efficiency.


Dynamic Pricing

Dynamic Pricing
Author: Mark Stenius Roberts
Publisher:
Total Pages:
Release: 1977
Genre:
ISBN:

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IBSS: Economics: 2006 Vol. 55

IBSS: Economics: 2006 Vol. 55
Author: British Library of Political and Economic Science Staff
Publisher: Routledge
Total Pages: 664
Release: 2007-10-31
Genre: Business & Economics
ISBN: 9780415447171

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First published in 2007. Routledge is an imprint of Taylor & Francis, an informa company.


Micro Economics Part II

Micro Economics Part II
Author: Abha Mittal
Publisher: S. Chand Publishing
Total Pages: 208
Release:
Genre: Business & Economics
ISBN: 8121998093

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For the Students of 2nd Semester and Annual Mode B.Com. (Honours) Delhi University This book is immensely useful for the students pursuing Economics from other Universities